Member Info for WolfofWarks

Peepee - the business has pivoted, hence the buy in. You just don't get it. I dont follow daily or even weekly share prices.

I know and have read about Shein. However they are just another competitor like every business has to face. I've not seen enough decent financial information to assess how much of a threat to Boohoo and a $2bn dollar raise casts doubt to me on whether they are actually making any money and whether their undercutting model is actually sustainable online (think how Primark cannot do it). If they list on Nasdaq the company then becomes 100% transparent and all the skeletons come out of the closet. They then have to bolster compliance, governance, tax treatments, etc, which costs even more money and will cut into those wafer thin margins. So in the fast fashion space we've got Boohoo with a solid balance sheet, ASOS look fecked to me, and Shein needing a huge capital raise. So I picked the one that I believe it fairing best and weathering the storm with the strongest balance sheet and the actually growth opportunity in the USA once the NDC opens up.

I'm following the bankruptcy on CINE as part of my research and broadening my horizons on something I did not know a lot about. I was following Evraz as well. I don't rely on other people to tell me what I need to know.

It just shows how sad you are that you are taking the time to read through my posting history. It's good to know that I am living rent free in your head.

Elvis - That's an engagement letter in respect of the appointment of Barclays as the lead broker of the exit facility. It even mentions in the text of the docket that it's sealed for reasons of commercial confidentiality.

It's nothing to do with an NDA or any conspiracy. It's to preserve commercial confidentiality around provisions, fees, etc..

Mine came in today on IG

Peepee why do you keep repeating the same points over and over again.

What about the other areas of working capital that have had the opposite effect like the £35m reduction in creditors?

You present a skewered unreasonable argument because you do not know what you are looking at.

How many times are you going to get caught out?

‘and cine has presented their exit financing motion 'under NDA'’

What does this mean? We know how they are financing the exit from c11. It’s publicly available information.

What about a set of audited accounts and annual report.

Not shirt journalism.

This is you all over. You don’t actually understand the point I’m making.

‘You were the one who was saying Boohoo was going to breakout upwards. ‘

No I did not. That’s trader talk. The current SP is an entry point off the back of good results. I do not judge investments after two weeks. That is what traders do

‘Yes everyone gives that excuse when they get it wrong that they're buying for the medium to long term ‘

I always buy for the medium to long term. I don’t have the time to trade. Hence why I usually post in the evenings and weekend.

‘The last accurate accounts showed you that Boohoo was only saved through a reduction of their stock inventory. This is the only thing that saved them. This was a one off and can't be repeated again. ‘

No that’s your perception of those accounts. But you have proven time and time again that you cannot read a set of accounts and have a GCSE level of financial understanding.

You're too emotional and too attached to Boohoo after two weeks.’

I’m emotionally attached to you. Because I don’t like what you are doing. I wouldn’t mind if you had the slightest clue what you were posting. I have to read you posts in voice of Forrest Gump and then it starts making sense.

Peepee - talk of a breakout is trader/Chartist talk. I’m not a trader so am not bothered about Boohoo share price after two weeks. I bought off the back of the last accounts off the back of a strong report and decent balance sheet relative to its peers. But with a medium to long term view.

You however have clearly lost a lot of money on boohoo which is why you are hanging round here like a bad smell and do not appear to be invested in anything else. That’s despite using paid for research and having a close telephone relationship with your broker.

You’re missing the point peepee shein is a secretive Chinese company. Only a handful of investors get to see their numbers. So you know the gross sum of naff all about them like everybody else. None of your google information is verifiable.

Also the RCF is fully drawn and shown as such in the accounts in the liabilities section.

As usual you haven’t got a god damn clue what you are talking about

EBT is bought from open market and then held. it does come from cash and Peepee the RCF is/was fully drawn so they are being bought with SPARE cash.

It's either that or dilute.

Peepee - see you are harping on about Shein in the usual dulcet fashion. If you get let me know their turnover it would be much appreciated and by region would be even better. Perhaps you have an explanation as to why they have had to raise $2bn dollars in their latest given they are doing so well. That's a lot of cash and puts our perfectly manageable RCF in the shade.

I’ve had a shi t week all round not just boohoo.

Tegop - if you question my stance I can question yours though right and vice versa.

It’s not just the dip it’s all creditors who have pre-petition claims. So movie studios, general vendors, BNY melon convertible bond, cineplex claim, etc, etc.

Tegop - It's not that I am 100% correct. It's that I've got a grasp of the facts on the ground. You've been talking in riddles and don't fully explain yourself.

Did you not listen the the YouTube clip of the judge the other day? If not's 100% certainty of what the shareholders can expect here then I'll have some of that you are smoking mate.

That's not even taking into account the plan itself, the voting % in favour of it by the most powerful classes, the fact the company have told you countless times that there is no recovery, etc, etc.

It doesn’t matter though mate.

There is no magic here that is going to give you a slice of anything other than an empty shell.

PeePee - stop repeating same points over and over again and answer some of my questions will you!

Mr Kioto - On what basis would the UK courts throw out the C11?

Tegop - this doesn't concern the lenders though. They are setting up a new company which isn't bound by listing rules.

Then once the plan is all voted in and signed off all the group sitting under the holding company will be transferred to their new company leaving the Plc as a shell.

Went long at the top and short at the bottom.

What a klutz!

Oh also PeePee Warren Buffet operates against general market sentiment.

"fearful when others are greedy, and greedy when others are fearful"